Apple Realty and Auction

TBD West Elk Ave, Elizabethton, TN 37643

Price: $159,900  Price Per SqFt: List Date: 2019-06-17  DOM:  33
City Tax: $441 County Tax: $608

Lot Size: 1.32 acre(s)Lot Dimensions: 484.12X138.28X460.60X89.37Land Type: Lot/Tract Permitted: Site Built Only 
Water & Sewage: Sewer-Public, Water-PublicUtilities Available: Cable TV, Electricity, Natural gas, Street Lights


1.32 Acres of prime vacant land on West Elk Avenue. The land is completely level and offers 484.12' of frontage on West Elk. The rear of the property fronts 460.6' on the Tweetsie Trail, one of the area's most popular walking and biking trails. The land is zoned B-2 which permits numerous commercial uses and also development of the site into a multi-family residential complex. As a commercial site, numerous retail or office spaces can be built, the demand for which is high, with the development located on the third busiest commercial traffic arteries in the Quad city area in terms of traffic count, which is in excess of 25,000 cars per day. As a multi family residential location, the land allows for as many residential units as the setbacks and density requirements dictate. Either of these prospective uses are ideal. With Sycamore Shoals Hospital and Sycamore Shoals State Park located just across the street, there is no doubt that an office or retail strip complex would be instantly successful on this site and in this prime location. Also, from a residential standpoint, if a developer built one level condominium units with garages on this beautiful site, the demand for such is so great, there is little doubt that the units would sell rapidly, possibly before completion. Feasibly, the land would accommodate 16 to 19 one level units with the land cost per unit very realistic. And, the West Elizabethton location, along with the amenity of the Tweetsie Trail adjoining the property, the successful potential marketability of this site as either a retail/business location or multi family residential development is simply excellent. In addition, the availability of public water and sewer, along with the level topography, will result in minimal site preparation costs for development. Survey available to potential buyers. All info. taken from Tax Records. Buyer/Buyer's agent to verify all.

Community Information

Area: City of Elizabethton
County: Carter
Subdivision: N/a
Zoning: B2
School System
West Side Elementary
T A Dugger Middle
Elizabethton High




Listing by Russ Swanay Real Estate Compan
back to top